Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for LifePoint Health, Inc. > News item |
LifePoint Health to price $1 billion seven-year senior secured notes in Friday drive-by
By Abigail W. Adams
Portland, Me., Sept. 29 – LifePoint Health Inc. plans to price $1 billion of seven-year senior secured notes (B2/B) in a Friday drive-by, according to a market source.
Barclays is leading the Rule 144A and Regulation S for life offering.
The notes are non-callable for three years.
There is a 40% equity clawback and a 101 poison put.
Proceeds will be used to repay a portion of the company’s term loan B due 2025.
LifePoint Health is a Brentwood, Tenn.-based health care provider.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.